Mon, Jun 1, 2020
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Bonds (Sukuk) more

Dar Al-Arkan announces the final coupon distribution to its Sukuk II holders

Posted on 10 July 2012

Dar Al-Arkan Real Estate Development Company ( DAAR ) announces the final periodic coupon distribution amounting to USD 6,867,087.50 for the period 17/04/2012 till 16/07/2012. The periodic coupon distribution is based on 3 Month Libor (0.46665 calculated on 16/04/2012) plus a profit margin of 2.25%.
in regards to the principal amount repayment, DAAR has taken all the steps for redemption through the principal paying agent. The redemption amounts will be distributed to the Sukuk holders on Monday the 16th of July 2012. (Press Release)

 
Article link

This post was written by:

Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
banner
banner
banner
June 2020
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
2930